Berlin – CMS has advised key infrastructure fund client Equitix on the conditional acquisition of stakes in six public-private partnership (PPP) projects held by DIF Capital Partners.
The projects are located in Germany, Austria and the Netherlands. The portfolio includes, apart from the German A7 Bordesholm-Hamburg motorway PPP and the Netz West rolling stock concession in Germany, a 25% stake in the Dutch IJmuiden PPP, the world’s largest sea lock, the A1/A6 and the N18 Enschede-Groenlo road PPPs and the Vienna Radiation Oncology Hospital PPP.
The transaction was announced on 19 April following a competitive sale process and is subject to a number of regulatory and other approvals.
The transaction was led by Bill Carr (London, Corporate). A CMS Germany team headed by Gerd Leutner and Nicolai Ritter advised on the German projects, the A7 motorway and Netz West.
Dr Gerd Leutner, Lead Partner, Berlin, Corporate/M&A
Dr Nicolai Ritter, Lead Partner, Berlin, Real Estate & Public
Dr Jens Moraht, Partner, Berlin
Alexander Schmitt, Counsel, Berlin, both Banking & Finance
Dr Henry Stieglmeier, Senior Associate, Berlin, Dispute Resolution
Martin Cholewa, Counsel, Stuttgart
Kai Neuhaus, Partner, Brüssel
Moritz Pottek, Senior Associate, Brüssel, all Competition & EU
Dr Martin Eichholz, Associate, Berlin
Charlotte-Sophie Unger, Associate, Berlin, both Corporate/M&A
Veronica Andersson, all Corporate
Russell Hoare, Competition
Jonathan Dames, Finance
Paul Smith, EPC
Cecilia van der Weijden